• 83% of respondents report they are effectively identifying security and compliance issues prior to an audit

“The increasing complexity of regulatory requirements continues to be a key cost driver for many companies’ compliance initiatives,” said Elizabeth Ireland, Vice President of Strategy for nCircle. “Unless companies have a strategy that automates the continuous monitoring required for various regulations and can report on it to suit the requirements of a specific audit, the process remains very resource intensive and costly. There is definitely an opportunity for cost reduction here for the majority of organizations.”